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Cross-Country Analysis of Climate Risks’ Fiscal Impacts in the UK
Implementing Partner: Build Change
Project name: Cross-Country Analysis of Climate Risks’ Fiscal Impacts in the UK
This project examines the fiscal impact of climate risks on critical infrastructure through a bottom-up, cross-country analysis spanning Asia, Africa, Latin America, and the Caribbean.
By assessing climate shocks in diverse contexts, it uncovers key trends shaping fiscal resilience.
As climate hazards escalate, their economic toll on infrastructure threatens stability. Despite governments’ central role in response, research on fiscal dimensions remains scarce, making this study a crucial and timely contribution.
in Asia and Pacific by
2070 due to climate change
in Africa between
2020–2030
Impact and Key Findings
1
This study assesses the fiscal impact of climate hazards on critical infrastructure at the country level using GIRI and DIGNAD models. It quantifies national fiscal risks from climate shocks, offering valuable insights for economic stability and resilience planning.
2
This study reveals critical cross-country patterns that bolster fiscal resilience, identifying relationships vital for financial stability in diverse economic contexts. By analyzing these trends, it offers actionable insights for policymakers and institutions to mitigate climate-related fiscal risks effectively.
3
This study pinpoints countries most vulnerable to large-scale climate shocks, offering critical insights for strategic financial support. By optimizing resource allocation, it safeguards infrastructure and economies, reinforcing resilience in regions with elevated climate-related fiscal risks.
